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1080 Polaris Parkway

1080 Polaris Parkway, Columbus, OH 43240
Property in Polaris
1080 Polaris Parkway in Columbus, OH was first built in 1998 and is 26 years old. Although, the building on the property was most recently renovated and altered in 2020. This has been categorized as a office property type. There are a total of 2 floors. 1080 Polaris Parkway has 21,338 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 84,594 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1080 Polaris Parkway sold most recently in Jan 11, 2018 for a total of $2,090,000. If you work out the math, that's approximately a cost of $97.95 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $69,208 in taxes each year. 1080 Polaris Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,019,700. If we break it down further, the land itself was valued at $299,080. Improvements to the property, however, were assessed at a total of $720,620. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Business/Commerical Units Count: 40
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 84,594
  • Total Building Area: 21,338
  • Gross Building Area: 21,338
  • Building Area: 21,338
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 21,338
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Office
  • Subdivision: UNITED STATES MILITARY LANDS
  • Land Acres: 1.942
  • Standard Land Use Code: Medical bldg/clinic
  • Legal Description 1: LANDS 18 3 4 13 TIF AREA

Ownership

  • Current Owner : IVB LLC
  • Previous Owner : BT GSR POLARIS PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Olentangy Local School District
  • School Tax School District: 45
  • Census Tract: 012400

Geography

  • Assessors Map Reference: 45001
  • Subdivision Tract Number: 1
  • Parcel: 318-433-01-002-001
  • Lot: 13
  • Municipality: CITY OF COLUMBUS
  • Latitude: 40.1456
  • Longitude: -82.9902

    Address

  • Full Address: 1080 Polaris Pkwy
  • Address - House Number: 1080
  • Address - Street Name: Polaris
  • Address - Suffix Type: Pkwy
  • State: OH
  • City Name: Columbus
  • Carrier Code: C003
  • 4-Digit Zip Code: 6035
  • Zip Code: 43240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $69,208
  • Tax Rate Code Area: 45 2104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,600,000
  • First Open Lien Mortgage Lender: WOODMEN WORLD LIFE INS SOCIETY
  • First Open Lien Mortgage Recording Date: Jan 22, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $2,600,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2028

    Market Valuation

  • Market Total Value: $2,913,400
  • Market Land Value: $854,500
  • Market Improvement Value: $2,058,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,019,700
  • Assessed Land Value: $299,080
  • Assessed Improvements Value: $720,620

    Sales

  • Current Sale Contract Date: Jan 11, 2018
  • Current Sale Recording Date: Jan 22, 2018
  • Current Sale Transaction ID: 11381252715
  • Current Sale Price: $2,090,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018-00001845

    Last Sale Mortgage

  • First Mortgage Lender: WOODMEN WORLD LIFE INS SOCIETY
  • First Mortgage Transaction Date: Jan 22, 2018
  • First Mortgage Loan Amount: $2,600,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 01, 2028

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Polaris



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Frequently Asked Questions

What neighborhood is 1080 Polaris Parkway located in?
The 1080 Polaris Parkway is a located in the neighborhood of Polaris in Polaris, Columbus.
What is the average sales price for listings in 1080 Polaris Parkway?
The average sales price for units in 1080 Polaris Parkway is $0 currently.

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